2023 Form 5500 filing — Southwest Business Corporation 401(K) Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241015095659NAL0016097027001) for Southwest Business Corporation 401(K) Profit Sharing Plan, reported by Southwest Business Corporation under EIN 75-1553739 and plan number 002. It reports 3,065 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015095659NAL0016097027001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Southwest Business Corporation
- EIN
- 75-1553739
- Plan number
- 002
- Location
- San Antonio, TX
- Participants
- 3,065
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $253,356,511
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $253,356,511
- Employer contributions
- $4,675,034
- Participant contributions
- $14,880,963
- Total income / additions
- $63,202,594
- Benefits paid
- $23,338,005
- Administrative expenses
- $329,088
- Total expenses
- $23,667,794
- Net increase / (decrease)
- $39,534,800
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock | RETAINED BY EMPLOYER | $276,682 | $0 |
| Rsmus Llp | NONE | $47,250 | not reported in the loaded dataset |